The Philippines found an ally from the other side of the globe after Lithuanian Defense Minister Dovilė Šakalienė criticized China’s aggressive actions against Filipino fishermen in the West Philippine Sea (WPS), saying that small countries should work together to stand up against aggressors,...
The Department of Foreign Affairs (DFA) announced on Monday, June 30, that it has lowered the crisis alert level in Israel from 3 (voluntary repatriation) to 2 (restriction phase) effective immediately because of the improved security situation in the country. The statement was made amid the...
The local stock market ended lower as investors pocketed gains from the PSEi’s four-day advance last week, as investors exercise caution amid developments in the Middle East and while waiting for more economic data. The main index lost 43.33 points or 0.78 percent to close at 6,364.94 with the...
The Philippines forged a stronger partnership with Lithuania to counter “common threats”, particularly in the West Philippine Sea and Baltic Sea. Department of National Defense Secretary Gilberto Teodoro Jr. held a bilateral meeting with Lithuanian Minister for National Defense Dovilė...
The upcoming reduction in the Philippine stock transaction tax, effective Tuesday, is expected to boost trading activities, as investors remain cautiously optimistic despite global markets and oil prices being sensitive to developments in the Middle East. “The local market managed to bounce back...
Soft corals found in the West Philippine Sea and Benham Bank are among the most diverse in the world, according to an international study published in Nature Scientific Reports in May. The study, titled “Biodiversity and biogeography of zooxanthellate soft corals across the Indo-Pacific,”...
Outgoing Department of Foreign Affairs (DFA) Secretary Enrique Manalo is seeking to adopt a standard set of names for the islands claimed by the Philippines in the disputed West Philippine Sea. In a post on X (formerly Twitter) on Friday, June 27, the DFA chief shared about signing the National...
Vice President Sara Duterte labeled President Marcos’ remarks about the Middle East conflict on Philippine economy as “intellectually challenged,” the same term she used to describe some other officials of the Marcos administration. “Well, we’re not surprised. We have leaders who are...
As I always say, true accounting brilliance isn 't merely about technical proficiency; it 's about adhering to your commitment to the values that define you. As pillars of financial integrity, accountants safeguard the financial health of businesses and economies. Our role is crucial, not...
The PSEi ended the week on a positive note as investors continue buying stocks as the ceasefire between Israel and Iran is holding despite a shaky start. The main index jumped by 77.62 points, or 1.23 percent, to close at 6,408.27—led by the strength of the property sector, although miners fell...
The Armed Forces of the Philippines (AFP) expressed gratitude to President Marcos Jr. for leading the inauguration of the Veterans Memorial Medical Center (VMMC) “Valor Clinic” at Fernando Air Base in Lipa City, Batangas on Friday, June 27. Marcos was accompanied by Department of National...
Despite double-digit exports growth in the first five months of the year, economic think tanks expect the sales of Philippine-made goods overseas to falter in the second half, especially if United States (US) President Donald Trump pushes through with his tariff spree. “Exports are also likely to...
